InsiderStreet Equity Research

Produced by InsiderStreet.ai from live production data. It is not investment advice, not an offer or solicitation to buy or sell any security, and not a recommendation for any investor. Do not rely on it for any investment decision.

Last Close

$156.78

2026-10-16

Market Cap

$30.1B

Volume

1.4M

52-Wk High

$182.73

52-Wk Low

$138.82

Trailing PE

13.4

P/S

1.78

Gross Margin

83.5%

Net Margin

13.6%

ROE

18%

ROIC

9%

Piotroski

7/9

Altman Z

0.2

1-Yr Return

-0.7%

5-Yr Return

+242.5%

Raymond James Financial, Inc. operates as a comprehensive financial services firm, extending a wide array of services to individuals, businesses, and governmental entities throughout the United States, Canada, and Europe. Its diverse operations are categorized into several key segments: Private Client Group, Capital Markets, Asset Management, Banking, and an "Other" category. The Private Client Group division equips clients with various investment solutions, personalized portfolio management, a selection of insurance and annuity products, and mutual funds. This segment also provides essential backing to third-party product partners, covering aspects like sales and marketing support, distribution, accounting, and general administrative assistance. Additionally, it facilitates margin loans and offers securities borrowing and lending services. Within the Capital Markets segment, the company engages in investment banking activities, which include orchestrating equity and debt offerings, along with offering expert advisory services for mergers and acquisitions. It further provides robust brokerage services for both fixed income and equity securities. The Asset Management segment specializes in delivering sophisticated asset and portfolio management services, complemented by administrative support functions such as detailed record-keeping, for both individual (retail) and institutional clients. Raymond James Bank maintains a portfolio of insured deposit accounts and a diverse range of lending products. These include commercial and industrial loans, financing for commercial real estate (CRE) and CRE construction, tax-exempt loans, residential mortgages, and securities-based loans. The bank also plays a role in loan syndication. Finally, the Other segment encompasses the firm's private equity activities, comprising direct investments and those made through third-party private equity funds, as well as the management of legacy private equity portfolios. Established in 1962, the company's corporate headquarters are situated in St. Petersburg, Florida.

SectorFinancial ServicesIndustryAsset ManagementExchangeNYSEMarket Cap$30.1BEmployees19,500 (SEC-filed)CEOPaul Marone ShoukryIPO1983-07-01CountryUS

880 Carillon Parkway, Saint Petersburg, FL 33716 · Tel 727 567 1000 · raymondjames.com

INSIDERSTREET SCORE51 / 100Street mean $180.50 (10 analysts, last qtr) — their number, not ours

INSIDER CONSENSUS SIGNALROUTINE SELLING — LOW SIGNAL$8M sold / 6 mo, zero open-market buys

1 Year vs S&P 500 · RJF -0.7% · S&P 500 +15.9% · spread -16.6pp

7 Years vs S&P 500 · RJF +242.5% · S&P 500 +189.9% · spread +52.7pp

Both charts indexed to 100 at the start of their window and drawn on a single shared scale, so the gap to the benchmark is the gap you see. Adjusted closes throughout.

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INSIDERSTREET
SCORE51of 100

Score Breakdown

Profitability	58/100
Growth	53/100
Momentum	75/100
Quality	76/100
Earnings Quality	70/100
Balance Sheet	59/100
Value	71/100
Risk (safety)	15/100
Overall	50.6/100

Each component is a diagnostic reading on its own 0-100 scale. The overall score is computed separately from the underlying financials and is not the average of the rows above — components are not equally weighted and three of them (Momentum, Value, Risk) are derived partly from price rather than from the business.

Peer Comparison — IS Score

Symbol	IS Score
NTRS	33
ARES	45
PFG	57
TROW	78
AMP	48
STT	17
RJF	51

IS Score Trend — quarterly

15 quarters, 23 Q1 to 26 Q3. Peak 56 in 25 Q1, latest 51 — -6 since. Fell in 2 of the last 4 quarters. Dashed line marks 40 on the 0-100 scale.

BUSINESS QUALITY51 / 100IS Score 50.6 / 100 · -5.7 from peak of 56

Fundamental factor model, quarterly. Measures how the business is doing - not where the price is going.

PRICE STRUCTUREBEARISHTechnical Score 22 / 100 · Power -57 · 4 of 22 indicator votes bullish

Vote share across trend, momentum, volume, volatility and pattern families. Describes where the price is, not where it is going.

These two disagree — business quality 51, price structure 22 out of 100, so the business reads better than the price does. We publish the disagreement rather than resolving it: they answer different questions, and the gap between them is information, not an error.

Trigger	Where it stands now	What it would mean
IS Score reaches 55 and holds two consecutive quarters	now 50.6	would move us up one band
IS Score stops falling - one quarter higher than the prior	last four: 49 → 35 → 50 → 51	the direction matters more than the level
Technical vote share back above 50%	now 9%	price structure no longer broken
Institutional holder count rises two quarters running	peak 939 → now 906	fewer institutions willing to hold is our clearest warning

We publish these so the view can be shown to be wrong. If none of them move and our reading does, we owe you an explanation.

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This page is InsiderStreet's own reading, produced from the data in the rest of this document. It is not a price target and not investment advice. Analyst consensus and street price targets appear later under their own heading and are the street's numbers, not ours.

Site Convergence Score1 of 4top 66% of 29,420 symbols

Sources Aligned— of 3independent disclosures

Congress (180d)0 buysnone disclosed

Insider Buys (180d)0none disclosed

ETF Funds (30d)1000 up / 1045 downnet -45 funds

Institutions Added (13F)-18managers opening or increasing

Congressional and insider figures are disclosed purchases in the trailing 180 days; ETF figures are COUNTS OF FUNDS whose holding changed in 30 days, not dollars. Coincidence of separate disclosures, not coordination. An absent source means nothing qualifying was disclosed in its window.

Institutions holding — 12 quarters

Peak 939 · latest 906 (-33 from peak).

Quarter	Holders	13F shares	Value	Reported own%
2026 Q2	906	152.9M	$22.6B	78.8%
2026 Q1	924	151.8M	$21.3B	78.2%
2025 Q4	939	153.1M	$23.8B	78.9%
2025 Q3	893	150.9M	$25.2B	77.8%
2025 Q2	862	155.5M	$23.1B	80.2%
2025 Q1	861	156.7M	$21.1B	80.8%
2024 Q4	840	153.8M	$23.1B	79.3%
2024 Q3	766	156.0M	$18.5B	80.4%
2024 Q2	752	153.9M	$18.4B	79.3%
2024 Q1	733	155.7M	$19.4B	80.2%
2023 Q4	724	156.0M	$16.9B	80.4%
2023 Q3	660	156.1M	$15.3B	80.5%

How to read ownership above 100%. A 13F reports the positions a manager has investment discretion over, and where two or more managers share discretion over the same block, each one reports it. Summed across filers, the total can therefore exceed the shares actually outstanding without anything being wrong. We publish the figure as filed rather than netting it down, and flag separately any quarter where the arithmetic is not merely high but impossible.

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Insider	Role	Date	Type	Shares	Value	Post-Txn Owned
Allaire Bella Loykhter	Chief Admin Officer	2026-08-28	SELL	7,500	$1.33M	46,086
Helal Tarek	Chief Strategy Officer	2026-08-20	GIFT	23,397	—	48,537
Helal Tarek	Chief Strategy Officer	2026-08-20	GIFT	23,397	—	25,140
Curtis Scott A	Chief Operating Officer	2026-08-18	GIFT	1,000	—	191,418
Elwyn Tashtego S	President, PCG	2026-07-28	SELL	10,000	$1.76M	45,114
Raney Steven M	Executive Chair RJBank	2026-07-27	SELL	5,770	$1.00M	43,046
James Thomas A	10 percent owner	2026-06-26	—	1,352	—	0
James Thomas A	10 percent owner	2026-06-26	—	1,353	—	0

6-mo decomposition (Form 4)	Txns	Shares	Value	Signal weight
S — Open-market sales	4	52,821	$8.3M	Counted
M — Exercises (paired A/D)	1	600	—	None — mechanics
F — Tax withholding	1	132	$0.0M	None — compensation
G — Gifts	1	23,397	—	None
P — Open-market purchases	0	0	$0	Counted — none occurred

Monthly Net Insider Flow (000 shares)

Net of acquisitions minus dispositions, all Form 4 types.

Signal Summary

SignalRoutine Selling — Low Signal

Open-Market Sells$8.3M4 txns / 6 mo

Open-Market Buys$0.0M0 txns / 6 mo

ClusterNone active3+ insiders / 21 days

Filed	Filer	Shares registered	Est. proceeds
2026-08-28	Allaire Bella Loykhter	7,500	$1.3M
2026-07-28	Elwyn Tashtego S	10,000	$1.8M
2026-07-27	Raney Steven M	5,770	$1.0M
2026-02-04	Santelli Jonathan N	4,500	$0.8M
Trailing 12 mo	6 filings	289,144	$47M

Filed	Form	Reporting person	% of class	Shares
2026-03-27	SCHEDULE 13G/A	The Vanguard Group	—	exit/reporting change
2025-08-12	SCHEDULE 13G/A	Wellington Investment Advisors Holdings LLP	4.70%	9.6M sh
2025-05-13	SCHEDULE 13G/A	PRIMECAP MANAGEMENT CO/CA/	4.74%	9.7M sh

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Member	Chamber	Trade	Size band	Traded	Disclosed
Ro Khanna	House	BUY	$1,001 - $15,000	2026-04-13	2026-05-13
Ro Khanna	House	SELL	$1,001 - $15,000	2026-01-29	2026-02-10
Julie Johnson	House	SELL	$1,001 - $15,000	2025-04-06	2025-05-15

House 12-Mo2 trades1 purchases

Senate 12-Mo0 tradesNone purchases

CoverageSTOCK Act filings30-45 day disclosure lag

13F Filers (last complete Q)924

13F Shares152M78.2% of shares out

New / Closed101 / 98positions, QoQ

Increased / Reduced301 / 370positions, QoQ

Put/Call (13F)0.94option positions

Free Float89.6%172M sh

2.8 · Largest Reporting 13F Managers

Manager	Shares	Value
Congress Asset Management Co	452,328	$71M
Wealth Enhancement Advisory Servic	92,624	$14M
Mn Services Vermogensbeheer B.V.	52,013	$8M
Czech National Bank	49,743	$8M
Burney Co/	48,861	$8M
Ifm Investors Pty Ltd	47,956	$8M

EDGAR 13F holdings as of 2026-09-30; filer values normalized to dollars.

2.9 · Top ETF & Fund Ownership

Fund	Weight	Position
VITSX	0.0%	$831M
VTI	0.0%	$831M
VSMPX	0.0%	$831M
VTSAX	0.0%	$831M
VFFSX	0.0%	$688M
VFIAX	0.0%	$688M

13F Filers Holding RJF — quarterly

Institutional Put/Call — quarterly

Daily short-sale volume as % of volume reported in FINRA's short-sale file — a flow measure, not short interest; dashed = 50-day average.

Latest Session63.4%2026-10-15

20-Day Avg61.2%50-day 60.4%

TrendRising20d vs 50d

By Market CenterQ: 64% · N: 59% · B: 80%latest session

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Weekly Notional ($B)

Where RJF Trades in the Dark

ATS Venue (4-wk)	Shares	Avg trade
Incr Intelligent Cross Llc	1.9M	40 sh
Ubsa Ubs Ats	1.5M	52 sh
Sgmt Sigma X2	1.2M	40 sh
Ebxl Level Ats	1.0M	25 sh
Mspl Ms Pool (Ats-4)	0.9M	159 sh
Mlix Instinct X	0.8M	57 sh

Where a dollar of Raymond James Financial, Inc. revenue goes. All values FY2025 filings, live.

Region	Revenue	Share
UNITED STATES	$12.9B	92%
CANADA	$645M	5%
Europe	$549M	4%

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RJF (live moat model)Peer median: NTRS · ARES · PFG · TROW · AMP

Component scores from the live moat model. Peer median illustrative.

Moat score 52/100 — Weak; primary source Switching Costs.

3.8 · Employees (SEC filings)

Officer	Title
Paul Christopher Reilly	Executive Chair
Paul Marone Shoukry	Chief Executive Officer & Director
Tashtego Spring Elwyn	President of Private Client Group
Bella Loykhter Allaire	Chief Administrative Officer

Revenue ($B)

EPS ($) — GAAP diluted actual, street-basis estimate

Actual bars are GAAP diluted EPS from the filed income statement; the lighter forward bars are street-basis consensus. The two are different measures and are not comparable quarter to quarter.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Quarterly EPS — Actual vs. Consensus

Beats (>2%)3 of 6recent quarters

Avg Surprise+1.9%

Next Report2026-10-28

Income Quality1.07OCF ÷ net income

Beat Rate—%0 of 0 quarters

Current Streak0longest 0

Avg EPS Surprise—%median —%

Surprise Trend—last 4 vs prior 4

Period	EPS est.	EPS actual	EPS surprise	Rev est. ($M)	Rev actual ($M)	Rev surprise

Announcement dates to . Consensus as it stood at each report. Revenue surprise shown where both estimate and actual are filed. A beat record is history, not a forecast.

Profit Margins (%)

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Revenue by Segment — Stacked

Live segmentation data.

YoY Growth Heatmap — Income Lines

YoY growth	FY21	FY22	FY23	FY24	FY25
Revenue	+21.2%	+14.1%	+15.1%	+14.8%	+7.9%
Gross profit	+26.2%	+11.3%	+5.4%	+11.1%	+11.4%
Operating income	+70.2%	+12.9%	+12.8%	+15.9%	+72.6%
Net income	+71.5%	+7.6%	+15.2%	+18.9%	+3.2%

$B · FY ends	FY21	FY22	FY23	FY24	FY25
Revenue	9.8	11.2	12.8	14.7	15.9
Cost of revenue	0.1	0.4	1.5	2.1	1.9
Gross profit	9.7	10.8	11.3	12.6	14.0
R&D expense	0.0	0.0	0.0	0.0	0.0
SG&A expense	6.6	7.3	7.3	8.2	7.2
Operating income	1.8	2.0	2.3	2.6	4.6
EBITDA	1.9	2.2	2.4	2.8	4.8
D&A	0.1	0.1	0.2	0.2	0.2
Pretax income	1.8	2.0	2.3	2.6	2.7
Income tax	0.4	0.5	0.5	0.6	0.6
Net income	1.4	1.5	1.7	2.1	2.1
Diluted EPS ($)	6.63	6.98	7.97	9.70	10.30
Diluted shares (M)	211	215	217	212	207

Operating CF$2B

CapEx$0B

Free cash flow$2B

SBC$0B

Buybacks$1B

Net cash change$0B

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Balance Sheet — Full

$B	FY22	FY23	FY24	FY25
Cash & equivalents	6.2	9.3	11.0	11.4
ST investments	9.8	9.2	8.2	6.9
Receivables (net)	4.5	4.1	4.5	4.6
Total current assets	20.7	22.8	24.0	21.1
PP&E (net)	1.0	1.1	1.2	1.5
Goodwill + intangibles	1.9	1.9	1.9	1.8
Total assets	81.0	78.4	83.0	88.2
Accounts payable	11.4	5.4	5.8	5.9
Short-term debt	0.5	0.3	0.9	0.3
Deferred revenue	0.0	0.0	0.0	0.0
Total current liabilities	64.1	60.7	63.7	66.0
Long-term debt	3.3	3.1	3.1	4.2
Total liabilities	71.5	68.2	71.3	75.7
Shareholders' equity	9.4	10.2	11.7	12.5

Cash Flow Statement — Full

$B	FY22	FY23	FY24	FY25
Net income	1.5	1.7	2.1	2.1
D&A	0.1	0.2	0.2	0.2
Stock-based compensation	0.2	0.2	0.3	0.3
Working capital change	(2.1)	(5.8)	0.0	(0.1)
Operating cash flow	0.1	(3.5)	2.2	2.4
Capital expenditures	(0.1)	(0.2)	(0.2)	(0.2)
Investing cash flow	(7.2)	(0.3)	(1.0)	(4.3)
Buybacks	(0.2)	(0.9)	(1.0)	(1.3)
Dividends paid	(0.3)	(0.4)	(0.4)	(0.4)
Debt issuance / (repay)	0.1	(0.2)	(0.1)	(0.2)
Financing cash flow	5.9	1.4	0.4	2.4
Free cash flow	(0.0)	(3.7)	2.0	2.2

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Balance Sheet Structure ($B)

Cash Generation vs Capex ($B)

Left: what the balance sheet is made of — the gap between the assets bar and the liabilities bar is book equity. Right: whether the capex bar is covered by the operating-cash bar; where it is not, the difference was funded externally and free cash flow goes negative.

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
PROFITABILITY
ROE	18.3%	17.0%	17.7%	18.9%	17.7%	18%
ROA	2.6%	2.1%	2.2%	2.6%	2.5%	2.4%
ROIC	-34.2%	-55.2%	-36.4%	-58.3%	-173.7%	8.5%
Gross margin	98.8%	96.4%	88.3%	85.4%	88.2%	83.5%
Operating margin	18.3%	18.1%	17.8%	17.9%	28.7%	17.4%
Net margin	14.3%	13.5%	13.5%	14.0%	13.4%	13.6%
EBITDA margin	19.7%	19.4%	19.0%	19.1%	29.9%	18.6%
FCF margin	67.2%	-0.2%	-28.7%	13.2%	14.3%	—
VALUATION
P/E	13.14	13.82	12.01	12.36	16.65	13.4
P/B	2.24	2.20	2.04	2.19	2.84	2.4
P/S	1.88	1.87	1.63	1.73	2.27	1.78
P/FCF	2.80	-1097.43	-5.66	13.11	15.83	13.3
EV/EBITDA	3.16	3.99	2.41	3.67	7.50	7.6
EV/Revenue	0.62	0.78	0.46	0.70	1.39	1.4
Earnings yield	7.6%	7.2%	8.3%	8.1%	6.0%	7.58%
FCF yield	35.7%	-0.1%	-17.7%	7.6%	6.3%	7.54%

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
LEVERAGE & SOLVENCY
Current ratio	0.41	0.32	0.38	0.38	0.32	0.36
Quick ratio	0.41	0.32	0.38	0.38	0.32	0.36
Debt / equity	0.38	0.40	0.34	0.34	0.36	0.42
Debt / assets	5.1%	4.7%	4.4%	4.9%	5.2%	5.6%
Net debt / EBITDA	-6.41	-5.63	-6.13	-5.39	-4.72	-1.94
Interest coverage	11.94	6.63	1.66	1.26	1.47	—

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Ratio	FY21	FY22	FY23	FY24	FY25	TTM
EFFICIENCY
Asset turnover	0.18	0.16	0.16	0.18	0.18	0.18
Receivables turnover	3.71	3.87	4.70	5.63	5.67	3.3
DSO (days)	98	94	78	65	64	110
DPO (days)	32143	11462	2048	958	1131	—
Cash conversion cycle	-32045	-11368	-1971	-893	-1067	110
GROWTH (YoY)
Revenue growth	21.2%	14.1%	15.1%	14.8%	6.4%	—
Net income growth	71.5%	7.6%	15.2%	18.9%	3.2%	—
EPS growth	69.7%	3.2%	18.9%	19.8%	6.1%	—
FCF growth	67.2%	-100.3%	-19305.3%	152.9%	15.2%	—
PER SHARE ($)
EPS (diluted, TTM)	6.63	6.84	8.13	9.74	10.33	11.89
Book value / share	38.95	42.87	47.77	54.98	60.52	65.46
Revenue / share	46.20	50.57	60.06	69.43	75.94	87.27
FCF / share	31.04	-0.09	-17.25	9.19	10.87	11.71
Cash / share	73.29	72.48	86.40	90.66	88.47	101.55
SHAREHOLDER RETURN & SCORES
Buyback yield	0.8%	1.0%	4.1%	3.8%	3.6%	5.60%
Altman Z-Score	0.10	-0.10	0.05	0.12	0.17	0.2
Piotroski F-Score	7	3	6	8	7	7/9
Beneish M-Score	-2.62	-2.08	-2.18	-2.38	-2.46	-2.18

Model	Score	Zone	Note
Piotroski F-Score	7 / 9	Strong
Altman Z-Score	0.2	Distress (<1.81)	Distress
Income quality	1.07	Cash-backed	OCF ÷ net income
Beneish M-Score	-2.18	Elevated	vs −2.22 threshold

DuPont Decomposition (TTM)	Value
Tax burden	0.78
Interest burden	1.00
Operating margin	17.4%
Asset turnover	0.19×
Financial leverage	7.17×
= ROE	18%

Growth Quality (live)	Value
Revenue stability	1.00
Earnings stability	0.99
Earnings persistence	0.97
Revenue CAGR 3y	11.1%
EPS CAGR 3y	12.9%
FCF CAGR 3y	—

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Buyback Yield5.60%

Dividend Yield1.38%

Total Shareholder Return7.64%cash yield

SBC / Revenue2.2%dilution pressure

Company	Mkt cap	P/E	ROE	Net margin	Rev growth	Piotroski	1-yr ret
NTRS	$30.3B	14.1	17%	18.8%	+3.1%	8/9	+33.7%
ARES	$36.9B	49.0	15%	10.5%	+45.4%	6/9	-20.0%
PFG	$23.3B	15.5	13%	10.3%	+3.7%	5/9	+40.1%
TROW	$21.5B	10.1	21%	33.1%	+7.0%	8/9	+3.0%
AMP	$44.2B	11.9	63%	22.2%	+9.0%	5/9	—
STT	$45.5B	13.3	12%	18.0%	+2.2%	6/9	—
PS	$17.8B	1112.0	-3%	-78.8%	—	3/9	—
TPG	$16.3B	34.9	20%	5.1%	+65.6%	7/9	—

1-yr returns computed from adjusted price history; peers without a tracked series show —.

Hold

27 Analysts

Str Sell (0)Sell (0)Hold (15)Buy (11)Str Buy (1)

Mean Target (qtr)$180.5010 targets

Target vs. Price+15.1%last-quarter mean

Next Report2026-10-28street $3.26

Consensus estimates	Revenue mean	High / Low	EPS mean	High / Low	# EPS est.
FY2026	$15.73B	$15.79B / $15.64B	$12.10	$12.41 / $11.60	10
FY2027	$17.57B	$17.99B / $16.84B	$14.38	$15.99 / $12.70	10
FY2028	$19.03B	$19.95B / $16.95B	$16.71	$17.94 / $14.10	5

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Street Price Target — Trajectory

Window	Avg Target	vs. Price	# Targets
Last Month	$178.50	+13.9%	4
Last Quarter	$180.50	+15.1%	10
Last Year	$179.47	+14.5%	30
All Time	$166.82	+6.4%	51

Rolling mean of published targets vs. last close $156.78. Aggregated from StreetInsider, Benzinga, Pulse 2.0.

Third-Party Composite Rating

A-

DCF

4/5

ROE

5/5

ROA

4/5

Debt/Eq

3/5

P/E

3/5

P/B

2/5

Independent quant composite as of 2026-10-16; components scored 1–5 (5 best). Shown for contrast with the InsiderStreet Score — methodologies differ.

RJF -0.7% vs S&P 500 +15.9% — spread -16.6pp

Sector — XLF +7.2%

Peer Set — indexed to 100

All series indexed to 100 at the start of the window, adjusted closes.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Candlesticks with SMA 20/50 overlay, Bollinger (20,2σ) band, volume, and Wilder RSI(14) — computed from live daily OHLCV.

Moving Average	Value	Distance	% Distance	Signal
SMA 20	$158.77	-1.99	-1.25%	Below
SMA 50	$168.45	-11.67	-6.93%	Below
SMA 200	$159.58	-2.80	-1.75%	Below
EMA 9	$157.85	-1.07	-0.68%	Below
EMA 21	$160.25	-3.47	-2.17%	Below
EMA 50	$164.03	-7.25	-4.42%	Below
EMA 200	$161.08	-4.30	-2.67%	Below

Series and readings from the nightly technical-indicator history — identical data to the site's ribbon chart. Supertrend segments colored by direction.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

TECHNICAL VERDICTBEARISHPower Score -574 of 22 indicator votes bullish

Family Scores (site weights)

Trend 30%10

Momentum 25%10

Volume 20%44

Volatility 10%17

Patterns 15%38

This Week9% bullishof 11 price-based votes

4 Weeks Ago18%-9 pts since

12 Weeks Ago55%-46 pts since

ReadDeterioratingweek-over-week trajectory

Price vs SMA 20$158.77

Price vs SMA 50$168.45

Price vs SMA 200$159.58

EMA 9/21 Cross157.8/160.2

SMA 50/200Golden

ADX DirectionADX 38

Supertrend$166

Parabolic SAR$162

SMA Slope-0.370

RSI37.1

Stochastic K/D36/35

StochRSI K/D63/66

Williams %R-67

CCI-74

TSI vs Signal-25.5

CMO-25.8

ROC-0.90%

OBV SignalDistrib

Chaikin MF0.040

MFI58

Force Index-0M

Elder Ray Bull-0.68

RSI (14)30 oversold · 70 overbought

Stochastic %Kvs %D 35

Money Flowvolume-weighted RSI

ADXtrend strength · <20 weak

Williams %Rinverted scale

Level	Value	Level	Value
Pivot / R1 / R2	$156.44 / $158.73 / $160.10	S1 / S2	$155.07 / $152.78
Bollinger (20,2)	$155.24 – $162.29	Squeeze	ON
52-wk range	$137.85 – $182.11	Off 52-wk high	-13.9%
ATR (14)	$3.40 (2.2%)	Historical vol	18.5%

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

+2.3%Jan75%

-2.1%Feb45%

+1.1%Mar52%

+0.7%Apr55%

+0.8%May65%

-0.4%Jun55%

+2.8%Jul55%

+0.7%Aug65%

+1.2%Sep55%

+4.7%Oct80%

+3.6%Nov70%

+0.9%Dec60%

Sample: 20 years — treat short histories as suggestive, not statistical.

Computed from live weekly prices	RJF	S&P 500
Weekly volatility (σ, 1y)	3.07%	1.83%
Best / worst week (1y)	+9.2% / -7.5%	—
Max drawdown (5y, monthly)	-39.3%	—
1-week VaR (95%)	-6.3%	—
Beta (5y)	0.92	1.00

RJF EQUITY WEATHER (LIVE)RAINY · -21

Trend-48

Momentum-22

Volume+29

Volatility-30

Breadth-23

MARKET REGIME (2026-10-16)NEUTRAL

VIX19.99Normal

Dow TheoryConfirmed Bearish

SPY / QQQ TSI7.2 / 4.7trend strength

Sector Strength46/100breadth average

Average sentiment of 114 stories, weekly buckets, −1 to +1.

This space intentionally left blank — the next section begins on the following page

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Overall-20.8-3.8 vs industry

Trend-48.0-38.2 vs industry

Momentum-21.7-14.7 vs industry

Volume+28.9+28.9 vs industry

Reading	RJF	Asset Management n=10,831	Financial Services n=24,134	All US symbols n=70,435
Overall	-20.8	-17.0	-16.3	-20.5
Trend	-48.0	-9.8	-12.5	-21.3
Momentum	-21.7	-7.0	-4.4	-15.8
Volume	+28.9	+0.0	+0.0	-3.8

Trend, momentum and volume are computed per company. Volatility and breadth are market-regime values shared by every symbol in the universe, so they are reported once under Market Regime rather than compared here - a company cannot differ from its sector on a constant.

Executive	Total comp	Structure
Paul C. Reilly Chair and Chief Executive Off	$19.0M	7% equity+incentive
Scott A. Curtis President, Private Client Gr	$10.1M	56% equity+incentive
Tashtego S. Elwyn President and Chief Execut	$9.8M	57% equity+incentive
James E. Bunn President Global Equities and	$8.6M	19% equity+incentive
Paul M. Shoukry Chief Financial Officer	$6.3M	25% equity+incentive

Pillar (live disclosure scores)	Score
Environmental	53
Social	58
Governance	55
Composite ESG	55

Composite ESG Trend

Filed	8-K contents	Items
2026-09-23	Regulation FD; Exhibits	7.01,9.01
2026-09-01	Officer/Director Change; Regulation FD	5.02,7.01
2026-08-19	Regulation FD; Exhibits	7.01,9.01
2026-07-22	Earnings Release; Exhibits	2.02,9.01
2026-06-24	Regulation FD; Exhibits	7.01,9.01
2026-05-27	Regulation FD; Exhibits	7.01,9.01
2026-05-20	Regulation FD; Exhibits	7.01,9.01
2026-05-19	Regulation FD; Exhibits	7.01,9.01

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Methodology. Every figure originates in InsiderStreet's production data layer and is computed deterministically by the same engines that power insiderstreet.ai. This factsheet contains no model-written text. Sections without underlying data are omitted rather than estimated.

DISCLOSURES. This document is produced by InsiderStreet.ai from live production data. It is not investment advice, not an offer or solicitation to buy or sell any security, and not a recommendation tailored to any person. Data is sourced as of the dates shown and may no longer be current. InsiderStreet.ai is not a registered investment adviser or broker-dealer. Investing involves risk, including loss of principal. Past performance does not guarantee future results. Do not make any investment decision based on this document. © 2026 InsiderStreet.ai — all rights reserved. Redistribution prohibited.

Data domain	Source	Coverage for this report
Price & volume	market_db.historical_prices	52 rows
Fundamentals	income_statements_annual	6 rows · 2020 to 2025
Reported vs consensus	fact/earnings_calendar	24 rows · 2020-10-28 to 2026-07-22
Analyst estimates	dim/forward_estimates	3 rows · 2026-09-30 to 2028-09-30
Institutional ownership (13F)	holdings_db.institutional_ownership_summary	113 rows · 1998 to 2026
Insider transactions (Form 4)	edgar/form4	12 rows · 2026-02-28 to 2026-08-28
Proposed sales (Form 144)	edgar/form144	1 record
Beneficial ownership (13D/G)	edgar/13dg	3 rows · 2025-05-13 to 2026-03-27
Short-sale volume (FINRA)	edgar/short_volume_daily	60 rows · 2026-07-23 to 2026-10-15
Dark pool (ATS, tier 1)	edgar/darkpool_weekly	12 rows · 2026-06-15 to 2026-08-31
ETF & fund holding	etf_holdings_changelog (30d)	1 record
Peer set	stock_peers_dynamic	8 rows
Industry medians	industry_medians	1 record
Congressional trades	congress_db (House + Senate)	1 record
ESG	fact/esg_disclosures	1 record

Method. Every figure in this factsheet is looked up from a named field computed in code. It contains no model-written text.

Not covered. Short interest as a percent of float and days-to-cover are not in this data set — the short-sale figures above are FINRA volume, a flow, and cannot support squeeze or covering analysis. Options positioning and intraday data are also absent. 13F ownership is filed 45 days after quarter end and congressional trades are disclosed on a lag, so both describe a past position, not a current one.

Raymond James Financial, Inc. (RJF)

Raymond James Financial, Inc. (RJF)

Score Breakdown

Peer Comparison — IS Score

IS Score Trend — quarterly

Raymond James Financial, Inc. (RJF)

Institutions holding — 12 quarters

Raymond James Financial, Inc. (RJF)

Monthly Net Insider Flow (000 shares)

Signal Summary

Raymond James Financial, Inc. (RJF)

2.8 · Largest Reporting 13F Managers

2.9 · Top ETF & Fund Ownership

13F Filers Holding RJF — quarterly

Institutional Put/Call — quarterly

Raymond James Financial, Inc. (RJF)

Where RJF Trades in the Dark

Raymond James Financial, Inc. (RJF)

3.8 · Employees (SEC filings)

Raymond James Financial, Inc. (RJF)

Raymond James Financial, Inc. (RJF)

Raymond James Financial, Inc. (RJF)

Balance Sheet — Full

Cash Flow Statement — Full

Raymond James Financial, Inc. (RJF)

Raymond James Financial, Inc. (RJF)

Raymond James Financial, Inc. (RJF)

Raymond James Financial, Inc. (RJF)

Street Price Target — Trajectory

Third-Party Composite Rating

Raymond James Financial, Inc. (RJF)

Raymond James Financial, Inc. (RJF)

Family Scores (site weights)

Raymond James Financial, Inc. (RJF)

Raymond James Financial, Inc. (RJF)

Raymond James Financial, Inc. (RJF)